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Having multiple banking options makes more sense than ever in 2023. And opening a neobank account online has become both fast and simple. But what exactly are neobanks, and are they safe? Let’s take a look at some of the pros and cons of using these below… Having more than one place to
There’s a war going on in the Caribbean, and it’s a brutal one. Five tiny island nations that most people can’t find on a map are locked in intense battle with one another vying for supremacy. Fortunately it’s not a shooting war, it’s a price war— but one with serious economic implications for
It was late in the evening on August 2, 1923 when Vice President Calvin Coolidge heard a knock on the door. He was visiting his family home in Vermont, where there was no phone service, or even electricity. So the White House had sent an official messenger to relay the news that President
On January 1, your taxes went up. But the federal government thinks that you are too stupid to notice. They actually want you to believe that they only raised taxes on “greedy” corporations, or on the “evil” oil, gas, and coal industries… and that these taxes will in NO WAY affect regular, working
On November 26, 1927, a 47-year old Austrian naval officer stood at the altar of the Nonnberg Abbey in Salzburg to marry his young, 22-year old bride. His name was Commander Georg Ritter von Trapp; and hers– Maria. They were the couple who would become famous from the 1965 movie The Sound of
On the First of May in the year 1716, a swashbuckling Scottish entrepreneur was making this pitch of his lifetime to the head of the French government in Paris. The entrepreneur’s name was John Law. By all accounts he was incredibly charismatic and had a flamboyant, larger than life personality. He was something
[Editor’s Note: This article was written by Sovereign Man team member Joe Jarvis, who lives in Puerto Rico.] Last week, Hurricane Fiona hit Puerto Rico, knocking out power to the entire island. Over a week later, nearly 25% of the island is still without power, including dozens of local hospitals. Puerto Rico’s power
Legally reducing your tax bill is the best risk-free return on investment you can make. Investing in a completely legal tax strategy means keeping 10, 20, even 30% more of your own income. And in many cases the solutions aren’t especially exotic. For example, if you live in California, you can slash you
(Editor’s note: Our senior analyst, Marat Kurbanov, is writing today’s Notes from El Salvador.) Last year, the small Central American country of El Salvador made a huge splash in the crypto community when the country’s young president, Nayib Bukele, announced the adoption of bitcoin as legal tender. This immediately made El Salvador the
Having a second passport has always been one of the most powerful tools in a Plan B strategy. If you are really thinking globally, a second passport (or even third, fourth, etc.) means that you have another option— another countries, or multiple countries, where you can live, work, invest, do business, and bring
[Editor’s note: This letter was written by Sovereign Man team member Joe Jarvis] Three months ago I went to Raleigh, North Carolina to complete the first step of applying for Mexican residency. The process was relatively painless. And I walked out of the Mexican Consulate in Raleigh a few hours later with my
By the early 7th century, the Western Roman Empire had been dead and gone for over a century. A fractured Europe was engulfed in the Dark Ages. Forward progress halted, education stagnated, and new technological inventions were few and far between. Large scale trade was impossible due to constant warfare. But 5,000 miles
Securing a second residency is a crucial aspect of a strong Plan B. It gives you another place where you are entitled to live, work, and invest if your home country ever becomes unlivable or undesirable. For a long time, Panama’s Friendly Nations Visa was a no-brainer for anyone looking to secure an
One of the hallmarks of the ‘American Dream’ has long been owning your own home— and it’s a dream people around the globe share. But now that housing affordability has hit its lowest levels since the early 2000s in many parts of the world, this ‘dream’ is looking more and more like a
One of the most important elements of a Plan B is to legally reduce your tax rate. Depending on where you live, the government routinely confiscates up to half of your hard-earned income. At best, this money is wasted and squandered— for example, the billions of dollars of military equipment left in Afghanistan,
